4 ms·
It's more empirical than that I think. The situation in SE England in which 95%+ of those under, say, age 30 or so, will never own a home (and are currently in
by esotericn 7y ago
It's more empirical than that I think.
The situation in SE England in which 95%+ of those under, say, age 30 or so, will never own a home (and are currently in little rooms sharing with others if they're not partnered off) is not something that is a result of some sort of economic formula.
Individuals still have to decide that it's better than their alternatives (e.g. lower cost towns, rural living, staying with parents, emigrating, ...).
Beyond that there's also political action.